covered the SLV 35 weekly puts short at .85 area from .61 at a loss but since we locked in profits on the long SLV 34 puts at 282%

 

/b covered the SLV 35 weekly puts short at .85 area from .61 at a loss but since we locked in profits on the long SLV 34 puts at 282% profit this play became very profitable. We also made over 100% on a bounce play in 20 min didn't post since it was to fast but today a bullish play on silver that turned against us still became profitable by us doing something as simple as moving the long side of the vertical play to lock in profits at the silver lows of day and then allowing the bounce to remove premiums on the short to further put us in good shape.

Posted in General Trading